FAIR ACRES GERIATRIC CENTER — financial and operating metrics

CCN 395780, LIMA, PA · Medicare cost reports, FY2022–FY2024

Unverified figures. Metrics marked unverified are derived from cost-report coordinates that have not yet been reconciled against audited financial statements. We show you which, rather than hiding it.

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MetricFY2022FY2023FY2024
Total facility bedsunverified774774774
Total bed days availableunverified315,910282,510283,284
Total inpatient daysunverified156,419155,039160,163
Total patient revenue (gross charges)unverified$82,029,170$67,548,661$82,763,136
Contractual allowances and discountsunverified$24,828,828$4,846,852$18,636,193
Net patient revenueunverified$57,200,342$62,701,809$64,126,943
Total operating expensesunverified$65,048,394$69,365,225$73,460,509
Net income from service to patientsunverified$-7,848,052$-6,663,416$-9,333,566
Net income (loss) for the periodunverified$-3,895,113$-7,008,745$-8,123,561
Operating marginunverified-13.7%-10.6%-14.6%
Occupancy rateunverified49.5%54.9%56.5%
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